New fears of a Spanish recession despite bailout measures are shaking global markets today as the threat of Greece's economic crisis still looms large in the region.

Tomorrow is Bastille Day in France, the French will be celebrating despite the rainy weather and eurozone turmoil. This week French carmaker, Peugot, announced major layoffs, signaling the tough economic climate facing the country.

The euro crisis has weakened the currency -- and strengthened Europe's appeal to American tourists.

As economic instability in the eurozone continues, some Germans are starting to weigh the benefits and burdens of staying with the euro. Would life be dandier with the Deutschmark?